Clubbing of incomes, husband and wife.

C.ANANDA KUMAR (PARTNER) (38 Points)

26 February 2015  

Husband gave 50% Undivided Share of his property to his wife to escape Service Tax on rent.  Section 60 requires clubbing of their incomes from that property.  Total Income of the husband is more than 10 lakhs.  Tenant deducted TDS seperately for husband and wife.  Hence TDS credit is 50:50 in Form 26AS.  Tenant wants to pay TDS for both of them under 2 different PANs.  He has already done it last year.  He is not prepared to revise the TDS Returns. How to file their Income Tax Return by taking credit for both the TDSs in the case of husband ?